Barclays UK Rebellious Streak continues with New Mobile Payment Service

With the bank still refusing to fall in line with Apple Pay, Barclays has announced that it will become the first UK bank to allow customers to make contactless payments from any NFC-enabled Android phone. According to Barclays, next month customers will be able to activate the bank’s Android app for NFC, enabling them to make payments at over 300,000 locations in the UK. Furthermore Barclays says that in a UK market first it will provide a real-time replacement service that will see the bank to replace physical payment cards with a virtual card to be downloaded instantly onto the app.

Commenting on the launch of the service, Mike Saunders, managing director of digital consumer payments at Barclaycard said,

“Barclaycard has a strong history of innovation and we’re constantly looking for new ways to revolutionize payments. These new features transform Android phones into a mobile hub for our customers allowing them to manage their account on the go, make contactless payments up to £100 and have a lost or stolen card instantly re-issued – letting them continue to make contactless payments straightaway.”

Given that Barclays will eventually support Apple Pay, in the relatively near future Barclay customers could soon find themselves inundated with mobile payment choices. For P2P payments, Barclay customers could use the bank’s Pingit application or the industry led, Paym and for payments at the POS, they will have a choice between Apple Pay, this new service, Android and or Samsung Pay and the industry led Zapp mobile payment service. Choice is often a good thing, but at times too much choice can lead to weak consumer adoption, something Barclays might have just brought on themselves.